Robinhood is going to fold IMO.

[Pekelo]

This is off topic in this thread, so I don't want to go into this deeper...

What does that have to do with the difference between a company that pays dividends, vs. a company that does not? There is no difference!

You can argue in the case of dividends that you are holding the stock for the dividends (this is more of an old school approach), so you don't necessary need the price to go up. but if the company doesn't pay jackshit, how are you going to make money of the stock unless it goes higher?

I can actually take it further and say: a stock that pays no dividend and the company has no realistic business model to make profits is nothing but a ponzi scheme...(the bigger fool)

 

[vanzandt]

but if the company doesn't pay jackshit, how are you going to make money of the stock unless it goes higher?

Sell the calls?

 

[Overnight]

...

I can actually take it further and say: a stock that pays no dividend and the company has no realistic business model to make profits is nothing but a ponzi scheme...(the bigger fool)

You mean buying a company like XOM last February that pays 8% dividend, but drops 50% in value? Hmmm!! Who is the bigger fool here? Mark Cuban needs an enema.

 

[Pekelo]

You mean buying a company like XOM last February that pays 8% dividend,

No, I specially said, a no dividend company. What is wrong with you? But that doesn't mean XOM or anybody else can not use dividend to lure you in while they have no freaking idea how to make money.

https://www.elitetrader.com/et/threads/groupon-is-a-straight-up-ponzi-scheme.222051/

Anyhow, let's go back to RH and their shenanigans.

 

[heispark]

As far as I know, their business model is no longer special and many have adopted it already....

 

[mlawson71]

Speculation that Robinhood Markets Inc owns a cache of Dogecoins worth over 2 billion USD, emerged as the company announced that it will allow clients to make deposits and withdrawals in major crypto coins including Dogecoin.

Officialy Robinhood denies to hold any cash in crypto coins or to use any client funds to generate profit. “So much interest in crypto, to be crystal clear, we fully intend to provide the ability to deposit and withdraw cryptocurrencies, including Dogecoin (DODGE). Robinhood Crypto does not currently invest in cryptocurrency or use any customer cryptocurrency for our own benefit. Just like other crypto platforms, for operational security reasons and to protect customer privacy, we will not confirm which addresses do or do not belong to us”, Robinhood said in a statement published on Twitter earlier this week.

Do you believe them?

 

[ZBZB]

They raised billions in the middle of the night when the DTCC margin called them. They will do an IPO to their own customers within two years.